OFG BANCORP — Director's Dealing 2025

Mar 10, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2025-03-07

Reporting Person: Haggarty Patrick J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-07	Common Stock	M	1950.00	—	Acquired	26789.00	Direct
2025-03-07	Common Stock	F	458.00	$41.63	Disposed	26331.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-07	Restricted Units	$	M	1950.00	Disposed		Common Stock (1950.00)	Direct
2025-03-07	Restricted Units	$	A	1980.00	Acquired		Common Stock (1980.00)	Direct

Footnotes

F1: Not applicable.

F2: Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.

F3: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 33% of grants of Restricted Units ("RUs") dated February 22, 2022, February 21, 2023, and February 23, 2024.

F4: The Restricted Units convert to Common Stock on a one-to-one basis.

F5: Awarded pursuant to the Plan per grant of February 20, 2025.

F6: Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.

F7: Subject to the provisions of the Plan, the Restricted Period shall lapse in three annual installments as follows: 33% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the date of the Award.